Colombia and Perú are the new latin american tigers

Until recently, most investors seeking to inject money into Latin America had relatively simple options, Brazil, Mexico or perhaps Chile.

That has changed. 

A new group of countries in the region are emerging as a viable alternative. 

Characterized by young population, growing middle class, a relatively low debt and a dynamic economic expansion, these countries are prepared to keep a larger share of the growth in the region and attract more money from international investors.

Colombia and Perú stand out among these latin american tigers due to a rapid and constant growth. 

Their currencies are solid and stable, they have managed to control inflation, their credit ratings are higher than those of neighboring countries and governments have shown their willingness to act when the environment deteriorates.

"So far we have done well, surprisingly well," said Juan Jose Echavarria, co director of the central bank of Colombia.